Where is the Value in High Frequency Trading?
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DOI: 10.1142/S2010139212500140
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- Álvaro Cartea & José Penalva, 2011. "Where is the value in high frequency trading?," Working Papers 1111, Banco de España.
References listed on IDEAS
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More about this item
Keywords
High frequency traders; high frequency trading; flash trading; liquidity traders; institutional investors; market microstructure; microstructure volatility; execution costs; market quality;All these keywords.
JEL classification:
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G13 - Financial Economics - - General Financial Markets - - - Contingent Pricing; Futures Pricing
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
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